other material
confidence high
sentiment neutral
materiality 0.60
HeartBeam prices $10M public offering of 5.88M shares at $1.70 per share
HeartBeam, Inc.
- Offering of 5,882,353 shares of common stock at $1.70/share; gross proceeds ~$10M.
- Underwriter granted 588,235 warrants at $2.125/share, exercisable from Feb 2026 to Feb 2030.
- Directors and officers subject to 180-day lock-up; company restricted from issuing equity for 180 days.
- Net proceeds to fund commercial-readiness, R&D, regulatory projects, working capital.
- FDA cleared HeartBeam system for arrhythmia; 510(k) submitted for 12-lead ECG synthesis software.